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The Urban Twist

By
Real Estate Broker/Owner with Premier Realty Exclusive MO license #2005035566

Downtown St Louis at night

When we began working in the downtown St. Louis residential real estate market over 5 years ago, it was sort of a new thing.  The market existed largely between developers and buyers with very little involvement of realtors.  As a realtor, there were very few examples of how to do things and many realtors, including Premier Realty Exclusive, treated downtown just as they would the suburbs.

Looking at more established urban areas often was of little assistance, but recently, looking at a New York City brokerage, we found that they were holding open houses on week nights instead of the usual Sunday Afternoon.  This makes sense.  With approximately 85,000 people working downtown, the largest segment of people using the downtown core were somewhere else when we were holding open houses.  Weeknights just seemed logical.

This week we are going to test our hypothesis by holding four downtown lofts open on Thursday Evening between 5 and 7. 

Are there any other urban realtors with experience doing this type of event?  Feedback would be awesome.  We're looking to make the most of this experience and possibly build upon the success of our downtown renaissance.

Leesa Finley
RED Properties - Wake Forest, NC
RED Properties - Raleigh NC Real Estate

Chris - i do NOT have experience with those hours for holding opens but it seems as if you have a great target market to do so!  Please let us know how it turns out!

Sep 14, 2009 12:19 PM
Irene Tron
Valparaiso, IN

Unfortunately, Valparaiso, IN is too small to have that kind of a market but it sounds like a great thing to try in St. Louis.  I be interested in knowing the results. 

By the way, the picture of St. Louis is beautiful!  What a great city to live in.

Sep 22, 2009 12:07 PM
the Chris & Lisa Grus Team
Premier Realty Exclusive - Saint Louis, MO
GRI, e-PRO

Just an update, weeknight open house was a smashing success!  We had about 400% more people showing up than on a weekend.  We work throughout the St. Louis area, but our days of having weekend open houses in the Downtown area are probably over.

Sep 23, 2009 05:20 AM